A prominent crypto industry lawyer believes the chances have improved that Coinbase will succeed in getting the SEC’s lawsuit against it dismissed. Speaking on trader Scott Melker’s show Wednesday, attorney John E. Deaton said he now sees a 35% probability of the SEC’s complaint being dismissed, up from his previous estimate of 20–25%. Deaton cited a new legal decision against the SEC as the reason for his increased confidence in Coinbase’s chances. In that case, a federal judge rejected the SEC’s arguments that crypto asset securities were subject to its jurisdiction when sold on exchanges.